Currently REA is valued at over 7 billion dollars on the ASX
NWS is valued at around 700 million!
So the market is valuing REA at 10x the value of NWS, even though 61% of the 7 billion REA is OWNED by NWS
I have never seen anything like it!
On the ASX, if you wanted to buy 50% of REA it would cost 3.5b
Or you could buy the ENTIRE NWS for 700m, get 60% of REA and a whole bunch of other powerful assets
I am buying NWS as fast as I can, as much as I can, just for the access to the REA shares
I saw an interesting article arguing that REA should be the one to take over NWS- so they can get their own shares back very cheaply! That would be a masterstroke- sell or dispose of all the newspapers etc, and just keep the REA stock.
That is basically how I am going about it, accumulating NWS to get REA at a huge discount.
I am very interested to hear other people's opinion. It seems obvious to be. Am I missing something?
(I thought about deleting this post and keeping my thoughts private but what the hell. I enjoy discussing shares and if I am right, there is lots of money to be made, whether or not this concept becomes better known)
But if the numbers I am reading are correct, and REA just chugs along, NWS is the buy of the century
- Forums
- ASX - By Stock
- REA
- is take over on the card?
is take over on the card?, page-5
-
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add REA (ASX) to my watchlist
|
|||||
Last
$196.82 |
Change
-0.150(0.08%) |
Mkt cap ! $26.00B |
Open | High | Low | Value | Volume |
$195.72 | $199.97 | $194.78 | $25.02M | 127.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1591 | $196.82 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$197.09 | 113 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1340 | 196.380 |
1 | 302 | 196.270 |
1 | 272 | 196.160 |
1 | 236 | 196.080 |
1 | 113 | 196.070 |
Price($) | Vol. | No. |
---|---|---|
197.090 | 113 | 2 |
197.120 | 351 | 1 |
197.300 | 351 | 1 |
197.480 | 351 | 1 |
197.660 | 351 | 1 |
Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
Featured News
REA (ASX) Chart |